Zibi Ottawa - O and Kanaal - Sales Update

Sales Update for Kanaal as of January 9th 2016

Sales Update for Kanaal as of January 9th 2016

Early November, "Kanaal" which is the second phase of Windmill Development's Zibi project, was officially launched to the public. Of the 61 units there is roughly 60% sold, however later this week Windmill is releasing 15 more units (mix of size). Windmill is expecting to break ground in the first half of 2016 and is expecting a completion date of late 2017 (possibly early 2018) for both phases. The largest difference between the first and second phase is future location - the second phase is located in Ontario, while the first is going to be located in Quebec.

The first phase of the highly anticipated project "Zibi" was officially launched on May 30th (2015) and is sitting at 65% sold. 

Both projects have a good mix of units remaining in size and price points.

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